Complete guide to the Dubai investor visa
The UAE's thriving economy and favorable business environment attract people from all over the world looking to invest or start businesses. The UAE has a separate visa category for such individuals known as the Dubai investor visa or partner visa. Those who want to invest or start a business on the mainland or in free zones can apply for the visa. However, depending on the emirate you choose, the application process may differ. The following section provides an overview guide to the Dubai investor visa, including the documentation process, application fees, and other details.
What Is The Investor Visa In Dubai?
This visa, also known as the Dubai partner visa, is ideal for foreign nationals who want to start a business or invest in an existing business in Dubai. They can also live, work, and supporter family members in the UAE. The visa is applicable for three years. Do you want to obtain an investor visa in Dubai? This visa is only granted to individuals who buy shares in an existing company worth a minimum of AED 72,000 or who establish a company with a capital investment worth the same amount, according to Dubai investor visa new rules.
Documents Required For a Dubai Investor Visa for Mainland Companies
These documents are required as part of the Dubai investor visa application if you are investing in or establishing a company on Dubai's mainland.
- IBAN (International Bank Account Number) The number of sponsor Establishment Card Memorandum Papers (MOA) as proof of ownership
- One image with a white background.
- Current UAE visa for partner (if applicable)
- Copy of partner's passport
- Emirates ID Trade Licence Copy of the Sponsor
Previously, the majority shareholder had to be a UAE national or an agent who would communicate with government departments. However, recent rule changes allow for full foreign ownership on the Dubai mainland. More than 1,000 commercial and industrial activities can now be carried out without the presence of an Emirati majority shareholder in a company.
Dubai Investor Visa Application
Those who wish to apply for a Dubai Investor Visa must follow the steps outlined below.
- Fill out an entry permit application at the immigration office, a typing centre, or a Tasheel centre.
- To obtain a medical fitness test, go to any government health centre. When completing the entry permit form, you will be asked to specify which health centre you wish to visit.
- At an Amer Centre, an Emirates ID application was typed. Submit your application to a Federal Authority for Identity and Citizenship centre, and bring your original Emirates ID (if applicable), photographs of your family, and Emirates ID applications for family members with you. If you have never applied for an Emirates ID before, you must provide biometric information.
- As part of your visa application, you must purchase health insurance. Examine the various health insurance companies in Dubai to determine which one best meets your needs.
- To convert your visa status to an investor residence visa in Dubai, go to any of the city's Amer centers. Amer centers can be found in Al Jafiliya, Al Twar, Dubai Festival City, and Al Quoz.
Costs of A Dubai Investor Visa
When applying through an Amer centre, the cost of a Dubai investor visa is as follows:
- Entry permit: AED 1,175 for UAE residents and AED 525 for visitors from other countries.
- Status change: AED 675 (not required for individuals entering from outside the UAE).
- Visa stamping costs around AED 870.
- AED 405 is the Emirates ID.
- AED 322.5 for medical tests
Please keep in mind that the immigration establishment card required for the Dubai investor visa incurs additional fees. Furthermore, the costs mentioned above are those imposed by the GDRFA. These do not include the trade licence fees levied by the Dubai Economic Department. You can also apply for an investor visa through the online E-government Directorate of Naturalization and Residency Department (eDNRD) portal, which is accessible to companies and establishments in Dubai.
Investor Visas in Dubai for 3 Years, 5 Years
The UAE government has introduced long-term visas for Dubai investors, including 10-year and 5-year investor visas in Dubai